Ulrich Albrecht-Frueh, president and CEO of ThyssenKrupp Stainless USA, LLC is shown in the 2011 file photo. (Press-Register/Victor Calhoun)

Outokumpu Oyj, the planned new owner of ThyssenKrupp AG’s stainless steel business, today announced a series of changes to its leadership team that will take place when the merger is completed later this year.

The new management team will be led by Mika Seitovirta as chief executive officer and Esa Lager as chief financial officer. Both now hold the same titles with Outokumpu.

Ulrich Albrecht-Früh, who oversaw stainless production in Calvert as
chief executive officer of ThyssenKrupp Stainless USA, will be named
head of Stainless Coil EMEA.

It was unclear Friday whether Albrecht-Fruh
would continue to be based in Mobile beyond January 2013. EMEA is a widely accepted abbreviation for a geographic region including Europe, the Middle East and Africa.

Outokumpu's Kari Parvento (Outokumpu photo)

Kari Parvento, currently an Outokumpu executive vice president – group sales and marketing, will be head of Stainless Coil Americas and head of the company’s ferrochrome business.

Parvento is a member of Outokumpu’s Group Executive Committee.

Outokumpu in January announced an agreement to purchase Inoxum, the name ThyssenKrupp assigned to its stainless steel division in late 2011. The $3.6 billion deal included the stainless operations at ThyssenKrupp’s steel production plant in north Mobile County.

Outokumpu, based in Finland, said Friday that it will continue to operate separately from Inoxum until the deal is approved by regulators.

Outokumpu also said Reinhard Florey, who served on the management board of ThyssenKrupp Stainless Global, will be named head of strategy and integration for the new company.

The stainless business, with about 550 employees, is the smaller of two units using the mill in Calvert. ThyssenKrupp Steel USA, which produces carbon steel, employs 1,800 people.